Web3 Yu'ebao? Traditional veteran securities firms are also embracing tokenized wealth management! I woke up in the morning and saw that HashKey had launched tokenized Guotai Junan USD Money Market Fund (GUSDT) and HKD Money Market Fund (GHKDT) wealth management. Guotai Junan is a well-established Chinese securities firm, and even though I don't buy much traditional wealth management, I am familiar with their names. In traditional wealth management, their money market funds are low-risk, stable return products. Now HashKey has tokenized these funds and is regulated by the Hong Kong Securities and Futures Commission (SFC). That means you can directly manage your finances without having to withdraw funds. And the minimum threshold is only $10. The advantage of this is that everyone has another safe and stable option for financial management, especially in the current poor market situation. Many people choose to eat some stable and safe financial management to survive the bear market. For example, stablecoins can be diversified for financial management, with some being traded on exchanges to receive fixed income from stablecoins, some relying on Guotai Junan's underlying assets to receive returns from traditional currency markets, and some looking for on chain stablecoin financial management that may not have as high a safety factor as Guotai Junan but has high returns. Don't put eggs in one basket. Wait for the market to come out. Easy to retract, no need to wait. Hong Kong has been focusing on the RWA track in the past two years, and established securities firms consider tokenization of their funds as a type of RWA. If in the past, people perceived more as policy and theoretical RWA, then the success of Guotai Junan can be said that the RWA track in Hong Kong is moving from the experimental stage to mass production. HashKey has been quietly working for the past two years, and it seems that it has turned RWA into a plugin process. Perhaps in the future, we can see more real high-quality assets become tokenized wealth management. In fact, this is a good thing, as more and more people in traditional industries will also come into contact with cryptocurrency, and the recognition of the entire industry will also increase. @HashKeyGroup @siyahashkey